The Triumph Tower in Balneario Camboriù, a town in the south of Brazil where Cristiano Ronaldo and Neymar have made their homes, will be ready in 2028. The building will exceed 500 meters and will have 154 floors. The current record is held by the Steinway Tower in New…
In recent months the various tensions in Latin America are causing diplomatic crises between countries. The role and disputes within Celac where Latin American socialism is opposed by right-wing extremism. Here are all the episodes that led to…
Analysts had predicted a possible shock on the food raw materials market, at least immediately, but it didn't happen. Even oil remained stable after Iran's attack on Israel
Twist in the Brazilian oil giant: the president wants to change the top management and gives the green light to the extra coupon. The state is the main shareholder and would collect 16 billion reais. The stock lost 5% on Thursday in…
Macron flies to Brazil from Lula for three days full of events spread across four cities, including Belem, at the gates of the Amazon. Wars, EU-Mercosur agreement, Haiti and climate are the hot topics. The two presidents linked by the decline in…
In Latin America there is a record number of "yellow fever" infections, which can be lethal: in Brazil the cases have already exceeded those of the whole of 2023, an emergency also in Argentina, Peru, Guatemala. Complications in Italy are currently ruled out. The vaccine…
The oil giant Petrobras has published disappointing accounts for 2023, waiving the extra coupon under pressure from the government (which is its main shareholder). The stock burns almost 13 billion euros on the stock market, but the president: "Petrobras invests in the transition...
The announcement by the Italian-French group, which will invest 5,6 billion in Brazil until 2030, is only the latest in a series that sees the total of all houses reach 24 billion euros in the period 2021-2032. To encourage the choice…
The plan: 40 new models by 2035 and new platforms for electric vehicles and biofuels. In Argentina, another 370 million in investments. In the meantime, the redundancy fund in Mirafiori is lengthening
Turbulent start to the year on the markets of the first two economies in the area: the Merval index of Buenos Aires loses 23% after the rejection of the omnibus law, while Sao Paulo rises timidly but Vale becomes a political case
Sparkle has struck a deal with Algar Telecom to use fiber optics on Monet, an undersea cable connecting Brazil to the United States. The agreement will strengthen Sparkle's international connectivity and IP transit and allow the company to…
Berlin has increasingly clear ideas about the ecological transition and wants to become the world leader in green hydrogen, investing 9 billion: of these, 2 billion will be allocated to foreign projects, many of which in South America, where it already finances the fight against...
The farmers' protest in Europe has led the EU Commission to take a step back, albeit temporarily, on agri-environmental policies. The agreement with South America, however, provides for the strict observance of rules against deforestation, which our producers are not entitled to...
The legendary Pacaembù stadium, in Sao Paulo, will be called Mercado Livre Arena Pacaembù for the next 30 years. The e-commerce platform paid 1 billion reais for the rights: it is the most expensive operation of this type so far in…
In the last two decades, Latin America, in particular Brazil but also Argentina, has reduced its dependence on the USA and has become a protagonist in the agricultural raw materials market, benefiting from Chinese demand especially for soybeans and meat. AND…
Brazil drags Tim once again and the stock market appreciates. Today CEO Labriola explains the Group's accounts and prospects to the press, then he will leave for a long road show and on the 7th he will unveil the new industrial plan in…
Sensational developments in the Federal Police investigation into the assault on the institutions of Brasilia on 8 January 2023: it would have been the former president himself who organized the plot, together with the army leaders. He risks up to 12 years
The Italian group is the second operator in Brazil: after the integration of Oi, it has 70 million customers (more than double the Italian ones) and has already built half of all the new generation antennas present in the country.…
Crossed destinies for the price lists of the two main economies in the area: Sao Paulo's Bovespa starts 2024 in the red, while Buenos Aires has been flying since Milei was elected, but it's not a good sign
The Italian-French group is already a sales champion in the Latin American continent, where it has a 32% share thanks above all to Fiat. Now with the acquisition of the Brazilian Comercial Automotiva it wants to become a "mobility tech company"
The Chinese group BYD, owned by Berkshire Hathaway, has overtaken Tesla as the leading producer of electric vehicles and according to Ft it is about to buy the largest lithium reserve in Brazil, currently owned by the Canadians Sygma
In 2023, global production grew by just 0,1% and demand exceeded supply. Stocks are at their lowest level for 12 years and in Brazil, where a third of the world's coffee is produced, the heat…
In Brazil in 2023, airline tickets have increased by 50%, which is pushing more and more people to travel by road, in the absence of the train alternative. The German group senses the deal and is in step with green parameters
Crime in Paraiba, in the north of Brazil: Brasil CRT, unknown even to the Chinese consulate, wants to invest around 2.000 billion euros to build a futuristic city from scratch: "Within 3 years we will have already built the port". The judiciary has…
Buenos Aires and Sao Paulo closed 2023 on the rise, but Mexico City lost something in view of the June vote, when Lopez Obrador will not be able to run again. Boric's Chile is in difficulty but the stock market is holding up.…
Until 2022 she had never drank a coffee then she converted by defeating 240 competitors in the Treviso competition. Destiny: she was born on March 21st which is Tiramisu Day, that is, the international day dedicated 'to sweet…
Less than a year into his third term, the Brazilian president has turned around the oil giant and brought home the long-awaited reform of the tax system. All-time record for the stock market index, above 131.000 points
Assíria Seixas Lemos, Rei's second wife (from 1994 to 2008) and the two twins Joshua and Celeste founded JanBank, a bank for cryptocurrency payments. The American BitGo is involved but denies it. 10% of profits will go to…
Sace brought together over a hundred Brazilian business leaders in Sao Paulo with the event “Italy meets Brazil - A Push towards a Sustainable Future”. The objective is to lead the way for Italian companies and SMEs to facilitate the green transition…
The newly elected president has officially begun his mandate, with the support of Macri's liberals, who will be represented in the new government and will avoid "head shots". "There is no money, shock therapy is inevitable." Tensions at the ceremony with…
The new Argentine president questions the South American commercial alliance while the Brazilian, rotating president of Mercosur, takes his time and flies to Berlin from Scholz on Sunday. For many South American economists, the text proposed by Von der Leyen is a…
The South American country does not manufacture chips but is the world leader in a segment of the production chain. Bolsonaro had dismantled CEITEC which instead is now aiming for a central role with the increase in global demand
In the South American country the coffee chain has applied for receivership. The fund that controls it, SouthRock Capital, has also been managing Eataly's activities in Sao Paulo for a year
At the Maracanã Stadium in Rio de Janeiro, O Rei makes football history by scoring his thousandth official goal from a penalty in the matches played with Santos and the Brazilian national team. At the end of his…
A recent book by a scholar from Columbia University in New York reveals how income and tax disparities in the South American country are increasingly acute: half of GDP growth ends up in the richest 5%. But…
The president's approval rating has peaked at 60% since August. Foreign investments return, positive signals from the stock market, but stumbles in the Amazon and war in Ukraine and the Middle East cause financial confidence to falter
The #PraCegoVer project, by the Mosaiki association, debuted in Sao Paulo but is already ready to land in Rio de Janeiro and throughout the world: the installation allows blind people to grasp all the details. Here's how (photos and videos)
The Italian electricity company is the largest operator of sustainable mobility services in Latin America and is now landing on a market with enormous potential such as the Brazilian one, where it is already present in energy distribution and…
Cross-border M&A boom in Brazil: in the first 9 months of 2023 they were 61% of the total, compared to 31% in 2022. The reasons? The newfound international credibility with Lula, the political tensions between the USA and China and in Ukraine, and the growth…
The two main stock exchanges in the South American area closed the first nine months of 2023 on a positive note: the Bovespa of San Paolo grew by 9%, while after the primaries of 13 August, which sanctioned the triumph of the sovereignist candidate, on the index of…
The Italian-French group, sales leader in South America, will invest half a billion euros by 2025 to strengthen the Porto Real hub: after the announcement of the production of hybrid and electric cars in the North-East of the country, the objective is to diversify and flexibilise…
In the small Asian state, a major importer of eggs, the Minister of Agriculture had to resign a few months before the January 2024 elections: the fault lies with some batches coming from South America, and a ferocious opposition campaign
The hegemony of the United States on some agri-food commodity markets is threatened by climate change and global competition, in particular that of the South American country which is already the undisputed king of soybeans and has a privileged relationship with China
These are months of important news for the Brazilian oil giant, which with the new board of directors has said goodbye to the very generous dividend policy to focus on investments and above all on international partnerships, from China to the Arab world
Putin raves about the end of the dominant role of the dollar but reality says otherwise and the conclusions of the BRICS summit appear largely overestimated - But Xi Jinping managed to make China's priorities prevail for the IMF, the Bank…
There are at least three reasons which advise against overestimating the importance of the Super-Brics which arose from an intuition of Goldman Sachs - We do not know who will join but the Super-Brics bloc is not homogeneous and contains obvious internal contradictions
Saudi Arabia, Argentina, Egypt, United Arab Emirates, Ethiopia, Iran. They will join the BRICS from 1 January 2024. Criteria and modalities established. Entry applications from 22 countries
Lula's proposal animates the BRICS summit in South Africa on which the spotlights of the world are turned on
The Bovespa di San Paolo index is back from ten consecutive days of declines: it hasn't happened for almost 40 years. What is worrying is the slowdown of the Asian giant, Brasilia's first commercial partner
According to the British weekly, Lula's third term is as promising as the first two: analysts appreciate Minister Haddad's reforms, investors rejoice over the long-awaited rate cut, and even Fitch has raised its rating…
In the second quarter of 2023, Tim's revenues and EBITDA on the domestic market regain their positive sign after five years, but the real engine of the telephone company remains the strong growth in Brazil
Stellantis' South American project is based on three production platforms for ethanol-powered flex-fuel hybrid vehicles and one for a 100% electric car
Buenos Aires' Merval index still gains 16% in July, despite electoral tensions and record inflation. São Paulo, on the other hand, takes advantage of the Lula effect: the market is betting on a bearish phase in interest rates and GDP in 2023 is…
Manara Minerals, a joint venture between Saudi Arabia's sovereign wealth fund and the local Ma'adene mining company, has entered with $3,4 billion into Vale Base Metals, Vale's spin-off company entirely dedicated to strategic minerals. It's the most…
Gallium is increasingly coveted on the technological market for batteries and semiconductors, but China - which is practically the only world producer to date - will limit exports from August, putting Western companies in difficulty. This is why Brussels invests…
The Swedish fashion giant is ready to enter the Brazilian market. H&M aims to accelerate its growth in the North and South American regions, with a particular focus on Latin America
According to a report by the UNODC, the UN office that monitors international trafficking, the drug trafficking economy in the Amazon is expanding its criminal activity which now also includes wild logging
Brazil is about to approve a tax reform that safeguards the purchasing power of the most disadvantaged groups through the refund of part of the taxes, along the lines of what has been done by Colombia, Argentina, Bolivia, Uruguay and Ecuador. But if it's not…
Lula's recipe is starting to bear fruit: after a difficult start to the year, in the second quarter the president contained inflation and is convincing the financial markets, which are now betting on more robust growth. The Bovespa index +16% from…
This is the largest independent Brazilian operator in the transformation of natural rubber - The closing is expected by the end of the year - Shares with little movement in Piazza Affari
Lula in his third term is facing a challenge: to relaunch Brazil after Bolsonaro's populist parenthesis and the crisis in which he left the country. To pass the test he will have to sweep away some ambiguities, starting…
Will the Brazilian president Lula be able to get Argentina into the BRICS? The operation is difficult but not impossible. Here are all the scenarios in the field
Double move by the Brazilian government in support of the automotive sector: the bonus arrives for some models, including those of the Italian company, and then the president Lula inaugurated in Goiana, received by the president of Stellantis Sudamerica Antonio Filosa, the production of…
Florida's next crop will drop by 60%. Things aren't much better for Brazil, the world's leading exporter of orange juice: production is holding up but stocks are plummeting. A sting is coming to the European market
The Turin-based company has been chosen for one of the four pilot projects selected by the United Nations Environment Program (UNEP) in the context of the Demand-Driven Electricity Networks Initiative (3DEN). The Planet Smart City project will be built in Brazil
The South American country is the second largest producer and first exporter of chicken meat in the world, and an epidemic would overwhelm hundreds of thousands of small entrepreneurs. The government has decreed a state of emergency and there are already infections…
The European law that bans the import of products derived from deforestation on the one hand could benefit China, on the other it worries Brazilian farms
The Brazilian oil giant closed a quarter above expectations and is changing gears. In favor, hopefully, of more green investments, even if he confirmed the plan to extract in the Amazon
The tug of war on the American debt ceiling is holding back the markets while in Europe the fall in rates can wait
The quarterly report of the company led by CEO Pietro Labriola marks a loss of 689 million euros mainly due to the effect of non-recurring charges related to staff redundancies but Brazil is flying and the stock market appreciates
The nightmare of inflation disturbs the markets much more than the return of the left to power and the farewell of Argentine president Alberto Fernandez drugs the Buenos Aires Stock Exchange even more
Brazil and China's positioning on the Russia-Ukraine war will be the hot topic of the meeting between Lula and Xi Jinping - Brazil seeks technology partnerships with the Asian giant and China revives investments in Latin America
The signs of recovery from Brazil are increasing, returning as the world's leading producer of cereals. How will the tug of war on interest rates end? The Stock Exchange is ready to take off
More shadows than lights in Brazilian President Lula's visit to Washington on Friday: relaxed tones, but distant positions especially on the war in Ukraine. And US membership in the Amazon Fund does not satisfy Brasilia
Above all, Argentina would take advantage of it, which would dribble the dollar but doubts are growing among economists - Made in Italy instead hopes for a trade agreement between Brazil and the EU
The billionaire hole of the large Brazilian chain of stores explodes, ending up in receivership after losing all its stock market value and causing a change at the top
The Brazilian Stock Exchange survived the assault on Brasilia without damage but fears the government's choices on privatisation. Spotlight on Petrobras: dividends and refinery sales. Here is the latest news
The coup alarm has ended and the damage count is underway. We are moving towards a parliamentary commission of inquiry. Bolsonaro in hospital, but the Brazilian media are already talking about extradition
Clashes and devastation of the Brazilian Parliament by fanatical supporters of Bolsonaro against the recent inauguration of the new president Lula - Police accused
On New Year's Day, Lula's third presidential term begins in Brazil and he wants to immediately give a sign of change with the fight against hunger and poverty and the centrality of the climate and the Amazon in his agenda
Enel Brasil sold the company to Equatorial Participacoes e Investimentos, a company controlled by Equatorial Energia.
After a long illness, Pelè, legend of Brazilian and international football, died today at the Einstein hospital in Sao Paulo from colon cancer
In the South American country, back from four years of right-wing government, it is the use of cash that is strongly discouraged: instant electronic payment was introduced in 2020, with zero commission costs. And it immediately became a phenomenon of…
The World Cup in Qatar comes alive with the start of the quarter-finals: the stars Messi and Neymar immediately on the pitch
The Qatar 2022 world tournament is proving to be anything but obvious: many surprises, many confirmations but also sensational disappointments
With Lula's victory in Brazil, the continent returns to progressive traction: only Ecuador, Paraguay and Uruguay still have right-wing governments. But watch out for traps for Lula and the crisis in Argentina
The markets celebrate the green turn of Ignacio Lula da Silva president of Brazil. The San Paolo Stock Exchange is the best of the Brics
Lula narrowly won the runoff but is the first Brazilian president to win a third term
The candidate on the left is ahead of the outgoing president. The polls show him as a winner, but the gap between the two candidates narrows: 4-5 points
The centre-left leader, former president from 2003 to 2011, came close to winning the first round but everything was postponed until 30 October. Bolsonaro chases but denies the polls. Abstention at 20%, the votes of the centrists will be decisive
On Sunday 2 October 156 million Brazilians are called to the polls: Bolsonaro is given up for defeat, perhaps already in the first round according to some polls. Brazil is the first country in the world for investments from China. The economy is struggling but it seems…
Stock markets anxious: the Fed's moves on rates could be harsher than expected - Since the beginning of the year, the Indian stock market has gained 10,4%, the Brazilian one even 30%
After the John F.Kennedy Terminal1 renovation project, Intesa takes part in the largest public/private infrastructure project in Latin America
In July the historic overtaking. As a result of the government's intervention, petrol dropped by a further 13%, while the price of a liter of milk rose by 25%, which due to the drought costs almost 7 reais, the equivalent…
On the occasion of the half-year results, with declining profit, ArcelorMittal announces the agreement to acquire the Brazilian steelmaker - And the market appreciates: in Paris the share rises by more than 5%
The polls give Lula a clear advantage - Bolsonaro overwhelmed by controversies and scandals: the latest on the privatization of Petrobras - Meanwhile, the country is once again suffering from hunger
According to Reuters, Enel would be close to selling the Brazilian distributor paid 640 million in 2017 - Among the interested groups State Grid of China, Iberdrola and EDP Energias do Brasil
Income erosion, due to food and energy inflation, risks increasing social tensions in the most economically fragile regions of Latin America
INTERVIEW WITH PIERO PELIZZARO, director of resilience of the Municipality of Milan, who spoke at the Smart City Expo in Curitiba, Brazil: "In Latin America we have been talking about smart cities for some time, but it is crucial to make technology inclusive". “Milan is already collaborating…
Enel's Brazilian subsidiary designs the new lighting system for Christ the Redeemer in Rio de Janeiro. The 38-meter statue with 91 years of life was illuminated by Marconi
